South Korea Delays 20% Crypto Tax to 2026, Easing Investor Concerns

Published at 2025-06-05 03:14:13

South Korea has recently announced the postponement of its planned 20% tax on cryptocurrency trading profits. Initially set to begin on January 1, 2025, the tax introduction has now been delayed until 2026 by the National Assembly. This move is seen as a significant relief for the country's crypto investors and the broader cryptocurrency market.

The decision to defer the tax allows investors more time to plan and adapt to regulatory changes without the immediate financial burden. It also signifies a more cautious approach by South Korea towards regulating the rapidly evolving crypto sector.

For enthusiasts looking to invest or expand their crypto portfolios, platforms like Bitlet.app provide innovative solutions such as Crypto Installment services. Bitlet.app enables users to buy cryptocurrencies now and pay for them monthly, making crypto investment more accessible even in changing tax landscapes.

Stay updated with the latest in crypto taxation and market trends on sources like UnoCrypto and continue exploring options with Bitlet.app to maximize your crypto journey.

Crypto TaxSouth KoreaCryptocurrencyInvestor ReliefCrypto Market
Share on:

Related news

China Considers Yuan-Backed Stablecoins to Boost Global Currency Use

China is exploring yuan-backed stablecoins to internationalize its currency, marking a significant shift from its past crypto policies. The plan focuses on regulatory frameworks and deployment in major cities like Hong Kong and Shanghai, aiming for low-cost global transactions amid rising geopolitical and economic challenges.

ChinaYuanStablecoinsDigitalCurrencyGlobalFinanceCryptocurrency
Published at 2025-08-20 22:07:06
Gemini's IPO Amid Losses and Expanding Crypto Industry Developments

Gemini launched its IPO despite significant losses, while the crypto sector sees major regulatory and market shifts including grassroots advocacy, Federal Reserve policy changes, new stablecoin approvals, and other company IPO moves. Discover how these affect your crypto investments and opportunities like Bitlet.app's Crypto Installment service.

CryptoCryptocurrencyStablecoinRegulationFederalReserveIPOGeminiCryptoInvestingCryptoInstallmentsBitletApp
Published at 2025-08-19 18:06:46
Do Kwon Pleads Guilty in TerraUSD Collapse Fraud Case

Do Kwon, known as the cryptocurrency king, admitted guilt in a Manhattan federal court for fraud related to the $40 billion Terraform Labs collapse, impacting global investors.

CryptocurrencyTerraform LabsTerraUSDDo KwonBlockchainCrypto FraudCrypto News
Published at 2025-08-16 12:04:14